Are Increasing Home Prices In 2021 A Sign Of A Housing Bubble?


Are Increasing Home Prices In 2021 A Sign Of A Housing Bubble?
By Scott Rogers • August 20, 2021
There's a great article over at NPR / Planet Money related to whether current high home prices are an indication of a housing bubble. Thanks, Andy, for sending me this article! Home Prices Are Now Higher Than The Peak Of The 2000s Housing Bubble. What Gives? You should read it. All of it. It addresses... what a bubble is (when prices depart from fundamentals) why the last bubble happened (buyers being overly optimistic about rising prices because of changing fundamentals) whether currently changing prices are signs of another bubble. Read the whole article here... Home Prices Are Now Higher Than The Peak Of The 2000s Housing Bubble. What Gives? Do you think we are in a bubble? Translated: Do you think home prices will decline sometime in the next 1 to 5 years? Email me and let me know what you think. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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